TAT (HS) Exam 2018 Result
The results of the Higher Secondary Examination of Tata Examination took place this year.
Credit is a contractual agreement in which a borrower receives something of value now and agrees to repay the lender at some later date with consideration, generally with interest. Credit also refers to an accounting entry that either decreases assets or increases liabilities and equity on the company's balance sheet. Additionally, on the company's income statement, a debit reduces net income, while a credit increases net income.
Additionally, if a company buys something on credit, its accounts must record the transaction several places in its balance sheet. To explain, imagine a company buys merchandise on credit. After the purchase, the company's inventory account increases by the amount of the purchase, adding an asset to the company. However, its accounts payable field also increases by the amount of the purchase, adding a liability to the company. the link below.
TAT RESULT : click here
The results of the Higher Secondary Examination of Tata Examination took place this year.
Credit is a contractual agreement in which a borrower receives something of value now and agrees to repay the lender at some later date with consideration, generally with interest. Credit also refers to an accounting entry that either decreases assets or increases liabilities and equity on the company's balance sheet. Additionally, on the company's income statement, a debit reduces net income, while a credit increases net income.
Additionally, if a company buys something on credit, its accounts must record the transaction several places in its balance sheet. To explain, imagine a company buys merchandise on credit. After the purchase, the company's inventory account increases by the amount of the purchase, adding an asset to the company. However, its accounts payable field also increases by the amount of the purchase, adding a liability to the company. the link below.
TAT RESULT : click here
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